For first time buyers a discount mortgage could save them money rather than fixed rate where the interest charged is more expensive.
Monthly Archives: August 2017
Number of home buyers taking out a mortgage in London is up 6% in the second quarter 2017 with strong demand from first time buyers.
There are over 5 million people with multiple properties after a 30% increase in their numbers since the start of the century.
The number of home movers has reduced by -2% creating a shortage of properties for first time buyers and higher prices.
Properties in the East of England are up 7.2% over the year with the fastest growth while London has falling prices over the month.
Homeowners living close to Olympic Park have gained with property prices up 64% in five years outperforming the London average.